Notice Regarding Waiver of Claims Against Viscas Co., Ltd.

Key facts

  • Notice Regarding Waiver of Claims Against Viscas Co., Ltd.
  • Fujikura will dissolve its equity method affiliate, Viscas, and has decided to waive its claims.
  • Date: March 28, 2026

Direct answer

Fujikura will dissolve its equity method affiliate, Viscas, and has decided to waive its claims.

Citation
Notice Regarding Waiver of Claims Against Viscas Co., Ltd. (March 28, 2026)
Source
PR Times
Date
March 28, 2026
Fujikura will dissolve its equity method affiliate, Viscas, and has decided to waive its claims.
NQ 56/100

📋 Article Processing Timeline

  • 📰 Published: March 28, 2026 at 21:20
  • 🤖 AI Analyzed: May 26, 2026 at 21:27 (1416h 7m after Published)

 

 At the Board of Directors meeting held on March 27, 2026, Fujikura Ltd. resolved to dissolve Viscas Co., Ltd., an equity method affiliate of Fujikura, as of March 31, 2026, and to waive its claims against the company.

1. Background

 Viscas Co., Ltd. (hereinafter "Viscas") is a joint venture company equally invested in by Fujikura and Furukawa Electric Co., Ltd. (hereinafter "Furukawa Electric"). The termination of the joint venture business was agreed upon by both parties as of October 1, 2016, and efforts have been made towards its conclusion. Now that a certain prospect for the completion of Viscas's business has been established, Fujikura and Furukawa Electric have agreed to dissolve the company by waiving the claims that both parties hold against Viscas.

2. Overview of the Equity Method Affiliate

(1) Name

Viscas Co., Ltd.

(2) Location

1-8-8 Haneda Airport, Ota-ku, Tokyo

(3) Representative's Title and Name

President Ichiro Ishigaki

(4) Business Description

Manufacturing and sales of wires, cables, etc., and design, construction, and supervision of related work.

(5) Capital

10 million yen

(6) Date of Establishment

September 26, 2001

(7) Net Assets

△15,951 million yen (as of March 31, 2025)

FAQ

What is the main resolution made by Fujikura Ltd. regarding Viscas Co., Ltd.?

Fujikura Ltd. resolved to dissolve Viscas Co., Ltd. as of March 31, 2026, and to waive its claims against the company.

When was the decision to dissolve Viscas Co., Ltd. made by Fujikura Ltd.'s Board of Directors?

The decision to dissolve Viscas Co., Ltd. was made at the Board of Directors meeting held on March 27, 2026.

What was the original business relationship between Fujikura Ltd. and Viscas Co., Ltd.?

Viscas Co., Ltd. was an equity method affiliate of Fujikura Ltd., established as a joint venture equally invested in by Fujikura and Furukawa Electric Co., Ltd.

What is the reason for the dissolution of Viscas Co., Ltd. and the waiver of claims?

The termination of the joint venture business was agreed upon, and now that a prospect for the completion of Viscas's business has been established, both parties agreed to dissolve the company by waiving their claims.

What were the net assets of Viscas Co., Ltd. as of March 31, 2025?

The net assets of Viscas Co., Ltd. as of March 31, 2025, were △15,951 million yen.